The Next Recession Will Be Devastatingly Non-Linear
The acceleration of non-linear consequences will surprise the brainwashed, loving-their-servitude mainstream media.
Linear correlations are intuitive: if GDP declines 2% in the next recession, and employment declines 2%, we get it: the scale and size of the decline aligns. In a linear correlation, we’d expect sales to drop by about 2%, businesses closing their doors to increase by about 2%, profits to notch down by about 2%, lending contracts by around 2% and so on.
But the effects of the next recession won’t be linear–they will be non-linear, and far more devastating than whatever modest GDP decline is registered. To paraphrase William Gibson’s insightful observation that “The future is already here — it’s just not very evenly distributed”: the recession is already here, it’s just not evenly distributed– and its effects will be enormously asymmetric.
Non-linear effects can be extremely asymmetric. Thus an apparently mild decline of 2% in GDP might trigger a 50% rise in the number of small businesses closing, a 50% collapse in new mortgages issued and a 10% increase in unemployment.
Richard Bonugli of Financial Repression Authority alerted me to the non-linear dynamic of the coming slowdown. I recently recorded a podcast with Richard on one sector that will cascade in a series of non-linear avalanches once the current asset bubbles pop and the current central-bank-created “recovery” falters under its staggering weight of debt, malinvestment and speculative excess.

1 Corinthians 15 Authorized (King James) Version (AKJV)
1 Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand;
2 by which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain.
3 For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures;
4 and that he was buried, and that he rose again the third day according to the scriptures:

Hebrews 6 Authorized (King James) Version (AKJV)
1 Therefore leaving the principles of the doctrine of Christ, let us go on unto perfection; not laying again the foundation of repentance from dead works, and of faith toward God,
2 of the doctrine of baptisms, and of laying on of hands, and of resurrection of the dead, and of eternal judgment.
3 And this will we do, if God permit.
4 For it is impossible for those who were once enlightened, and have tasted of the heavenly gift, and were made partakers of the Holy Ghost,
5 and have tasted the good word of God, and the powers of the world to come,
6 if they shall fall away, to renew them again unto repentance; seeing they crucify to themselves the Son of God afresh, and put him to an open shame.
7 For the earth which drinketh in the rain that cometh oft upon it, and bringeth forth herbs meet for them by whom it is dressed, receiveth blessing from God:
8 but that which beareth thorns and briers is rejected, and is nigh unto cursing; whose end is to be burned.

Democrats Kill Bill to Protect Babies Born Alive After Botched Abortions
Micaiah Bilger Mar 6, 2017 | 11:59AM Santa Fe, New Mexico
New Mexico House Democrats blocked a bill Thursday that would have required doctors to provide life-saving medical care to babies born alive after botched abortions.
The Democrat-majority state House committee voted to table the bill in a 3-2 party line vote, The Albuquerque Journal reports.
The bill, sponsored by Minority Whip Rod Montoya, a Republican, would have required abortion practitioners and other doctors to try to preserve the life and health of a baby born alive after a botched abortion. The bill also would have required the same protections for babies born in miscarriages and natural births, according to the report. It would have made it a first-degree felony to intentionally kill an infant born alive after one of these procedures.
“This is not an abortion bill,” Montoya said. “This is a human rights bill for infants who are born alive – whether it’s following an abortion, a miscarriage or a natural birth.”
Here’s more from the report:
The House Consumer and Public Affairs Committee heard emotional testimony and debate for about two hours – as supporters of the legislation described the horrors of botched abortions and the killing of infants.
But in the end, the committee’s three Democrats voted to table the bill, preventing it from proceeding through the Legislature.
Opponents of the bill said that laws and medical standards are already in place covering how to handle abortion and other procedures.
Dr. Sandra Penn, a physician for more than 30 years, urged the committee to avoid “political interference” in medical care.

House Dems block Republican abortion bill
By Dan McKay / Journal Staff Writer
Published: Thursday, March 2nd, 2017 at 5:14pm
Updated: Thursday, March 2nd, 2017 at 8:30pm
Santa FE – Democrats in the state House on Thursday blocked Republican efforts to pass a law requiring doctors to provide medical care if an infant is born alive during an attempted abortion.
The House Consumer and Public Affairs Committee heard emotional testimony and debate for about two hours – as supporters of the legislation described the horrors of botched abortions and the killing of infants.
But in the end, the committee’s three Democrats voted to table the bill, preventing it from proceeding through the Legislature.
Opponents of the bill said that laws and medical standards are already in place covering how to handle abortion and other procedures.
Dr. Sandra Penn, a physician for more than 30 years, urged the committee to avoid “political interference” in medical care.
“This bill would add the possibility of criminalizing a medical procedure,” she said, and inject fear into a situation “when it should not be there.”
House Bill 37 is sponsored by four Republican representatives – Minority Whip Rod Montoya of Farmington, David Gallegos of Eunice, Rick Little of Chaparral and Yvette Herrell of Alamogordo.
The bill would require physicians attempting to perform an abortion to try to preserve the life and health of the baby if he or she is born alive.
It would be a first-degree felony to intentionally kill a “born alive infant.”
Montoya said the proposal was intended to fill a gap in New Mexico law.
“This is not an abortion bill,” Montoya said. “This is a human rights bill for infants who are born alive – whether it’s following an abortion, a miscarriage or a natural birth.”
Lt. Gov. John Sanchez, a Republican, also testified in favor of the bill.
“We have an obligation to stand up and speak out for the most vulnerable among us,” he said.
The bill was tabled on a 3-2 party-line vote.

Little Girl RAPED By Muslim Refugees At Her School Dance, Then Shows Up At School With An Even SICKER Surprise The Next Day
By S. White – Mar 6, 2017
A young Canadian girl, 14-years young in fact, was sexually assaulted at her high school dance…by guess who? Yes, a Syrian refugee, who was at the time also enrolled in the school.
The disgusting act took place when two Syrian refugees began by grinding on the 14-year old girl during the dance. Shortly after one of the sick boys began groping the girl’s breasts then took it upon his pervert selt to stick his hand inside her underwear and touching her female parts.
How is this happening in the middle of school dance that should be chaperoned? I do not know…
If you aren’t ticked off already over this piece of crap educators that should have been around to monitor the kids’ behavior wait until you hear what they did after…
When documents obtained in a freedom of information request revealed school officials standing up for the Syrian boy surfaced…the community was in shock.
One of the biggest asshats on the documents obtained the school’s very own vice-principal, Elaine Kilfillen, who even went as far as to express SYMPATHY for the alleged attackers, stating… that we will become a target in the student population once the rumor got out. Rumor?

The struggle for women’s rights in the World of Islam is perhaps the most alarming human rights issue in the entire world.
The concepts of honor and violence in the Islamic religion are often combined in a horrific manner.
This untold story is about the daily oppression of women across the world.
Educated and empowered women are perhaps the greatest threat to male dominance in the Islamic world. Muslim women are subjugated and persecuted and deprived of their humanity.
The silence must be broken. The whole world must wake up!
It is easy to focus on women’s rights in nations that don’t oppress women.
However, in countries where the women are not allowed to drive, how are they supposed to do anything about oppression and abuse by men?
Human Rights Organizations and Women’s Rights activists understand that the countless number of women and girls in the Muslim world need to have their honor restored.

Zero Hedge – Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
by Tyler Durden Feb 28, 2017
Wendy’s chief information officer, David Trimm, said the kiosks are intended to appeal to younger customers and reduce labor costs. Kiosks also allow customers of the fast food giant to circumvent long lines during peak dining hours while increasing kitchen production.
As Dispatch.com reports, the Dublin-based burger giant started offering kiosks last year, and demand for the technology has been high from both customers and franchise owners.

KWN – ALERT: Legend Art Cashin Just Issued A Dire Warning
On the heels of another record breaking week for the Dow, legend Art Cashin just issued a dire warning.
Eric King: “When you look at the stock market, Art, we keep hitting one record high after another on the Dow. As the market continues to melt-up, do you sometimes step back and say, ‘I’ve seen this movie before and it doesn’t always have a good ending?’”
Art Cashin: “Well, it’s funny you say that. I wrote in my comments yesterday about the fact that the Dow being up nine consecutive record closes has only happened five times since 1897. And in virtually all of those cases it didn’t end well. It didn’t end badly immediately after the streak was broken but a year or so later there were problems. The most recent time we’ve seen it they had 12 records in a row in early 1987, (laughter) and we all have some scars from what happened later in 1987. It also happened in 1929.

Thomas Dishaw – Barclays bank goes down over the weekend, millions unable to access cash or use credit cards
A server crash on Barclays network Saturday gave many customers an unwanted glimpse into the chaotic future of a cashless, automated society. The crash left many unable to access their funds, unable to use internet or telephone banking and caused many cash machines to go down as a result of hardware failure.
Customers noted that their debit cards were declined even for small purchases like a 17p banana. Many took to social media to express frustration over the inability to withdraw money from in ATMs or be able to pay for purchases in shops and pubs around the world. Some reported being stranded because they could not access funds to buy tickets to return home. Others expressed desperation of not being able to feed themselves or their families.
Panic set in when Barclay’s admitted they had not idea how long it would take to fix the issue, even speculating that it could take until Monday. The bank released a statement saying it was “working to fix” a problem and advised customers to use other banks’ cash machines. It added that telephone banking and in-branch payments were also affected and apologized “for any inconvenience.” Barclays also reiterated the fact that no customer will lose out financially because of the hardware crash and any relevant fees would be reimbursed as soon as possible, another concern that some users called out.
There is still no word how many of Barclay’s 15 million card customers were affected by the outage. There is no doubt this experience echoes the fears and concerns many still have of completely cashless societies. Becoming dependent on cards leaves us vulnerable to situations like this. And the increase of automation results in fewer bank branches where you can go in and manually withdraw money from your account.
Globalists have indoctrinated many of us to believe that electronic currency is more convenient and easier to access than paper currency. But the advantage for cash remains that it is tangible and can be used to trade goods at face value, whereas we see in this scenario that if the value on your debit or credit card cannot be accessed, it doesn’t exist.

KWN – Greyerz – This May Crash Europe’s Financial System And Lead To The Next Global Crisis And Collapse
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, spoke with King World News about why Target2 may crash Europe’s financial system and lead to the next global crisis and collapse.
100 Years Of Massive Credit Expansion
To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why are less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman’s terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments…